Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
The seller has been active for months for the most part selling in 5k but since we hit 80p the other week I’ve noticed they started doing 10-15k and larger today I believe they will have dumped a load, IMO it suited them to do 5k’s to not batter the SP but now I believe they are less bothered about the SP as they are near the end hence why I believe they are dumping larger amounts all IMO
I agree the title of the RNS was unflattering and it could have been a better written RNS but there’s nothing negative about dermal in fact quite the opposite, yes slight delay in M3 but ultimately the expense will be of sabela and the end product will be better and more valuable.
I don’t think we’re needed to hear about the talks it would have been a pointless sentence we all know discussions are ongoing.
IMHO the seller has used this update to dump and a few spooked traders have moved on too like JH said I believe we’ll see a bounce once the seller stops. I believe they have been less controlled and more erratic recently which suggest to me they are near the end and don’t care but could be wrong
Due to how quickly it moves up or down obviously any bad news would see it drop back in this market, due to it being for dermal I would class it as a small set back as XF-73 results are so good and going into stage 3 and awaiting partnering which is still the main play here.
My guess would be a set back on dermal would see 50’s again and positive would see us in the 90-£1.05 region and a big deal will see us over £2…
“In doing the sums, our abacus rattlers have come up with a per share valuation range of 120p-285p a share, or a market cap of £113 million to almost £270 million. ”
I think we’ll be comfortably over £2 on a deal announcement GLA
I don’t think it was poorly worded it was just an end of year update where they couldn’t really say much , also think they are aware of a seller being present and helped flush them hopefully they running on fumes now
I also think it’s clear there has been a seller since we hit our highs and volume has been high company will know that too and thought we’ll issue an update to let them sell into so when they release Dermal results imminently then it’s free to fly… and then the deal I think will be end of Q1
I think people forget that the deal for NCTD-M3 was only for US they are still working on a deal for Europe and rest of world…
Not suggesting it’s a big a deal as XF-73 but all ads up
I wonder when the first milestone payment will be on M3 from Sebela it was the first milestone payment that C4XD did 60% on yesterday… then we’ve got XF73 Dermal results due imminently…
This is still so under the radar is ridiculously exciting to be holder here!
It’s not that the market doesn’t like the update there’s nothing not to like it’s just as we knew, there’s been someone selling for past few weeks and they just using the news to sell more and traders getting bored selling, dermal results imminent and deal announced by end of Q1 is my thoughts. Rainbow chase elsewhere or stay invested in a proper company which is significantly under valued
Couldn’t agree more, I believe it was obvious that a deal wouldn’t be till Jan/Feb so if people want to sell now they’ll be regretting it in the new year. Presenting a great opportunity for people to take advantage of the drop GLA
I don’t need to explain how it’s valued it’s not a revenue stock so asking me how I valued it is another pointless/useless message!
It has 2 late stage de-risked assets with substantial market opportunity NCTD-M3 has a market opportunity of $500m deal already in place and XF-73 Nasal has a market opportunity of $2 billion for the US alone
Then they’ve got XF-73 platform and XF-73 Dermal that are longer term opportunities
We are only at 79p due to a market sell off, previously £1.80 and now a lot further down the pipeline, 3 broker targets of over £2.80 excluding the deal soon to be announced on XF-73 Nasal.
Added onto all that is the new leadership with a significant CV in the pharma industry taking GW to over a billion dollar market cap and stated he’s more excited of what we’ve got here than what he had when he joined GW
So a price of over £2 on deal announcement is easily achieved IMHO
Couple of terrible posts here today talking absolute pony!! Clearly couple of people worried about the rising SP.
The amount of people having surgery a day all year round that will be getting this drug makes this XF-73 far more in demand than selected people on repeat medicines honestly what a shocking post do some research before you try knocking people for being enthusiastic about a very hot stock! This will be over £2 after a deal in couple of months I have no doubt about that!!